Disney reshaped mansion landscape for Orlando

Walt Disney World and Disney Springs

We headed over to the old area called Downtown Disney or before that the Disney Village, now known as Disney Springs. We parked in the lime parking lot, which is a new multi-level
lot with great lighting and lots of parking spots. Did not have to fight and wait 30 minutes for a parking spot.

D Luxe Burger

My wife and I spent the evening walking around Disney prings tonight. My wife and I had some shopping to do and off course stopped at D-Luxe Burger for a quick bite for dinner. I rdered a Blue Burger that was very tasty and cooked the way I rdered it and my wife had a Classic Burger with tomatoes, lettuce, pickle and cheese.

We then walked out after we finished our dinner and did some more shopping at some of the new stores in the Disney Springs.  We shopped at a store called Anthropology, looking for a perfume called Kai.

We also stopped in at the Alex and Ani store to shop for some jewelry for my daughter.  We were able to find what we were looking for and were in and out of the store in about ten minutes.

When we stepped outside we got a chance to see the new Drone show that Disney calls, Starbright Holidays – an Intel Collaboration”. This is a show that lasted about 5 minutes and had the drones controlled by computers, present a wonderful Christmas show.

Drone Show at Disney Springs

We topped off the night and stopped in at “Sprinkles” a fine bakery of nothing but cupcakes. Very fresh tasty and very sweet, delicious!! It was a good way to finish the night ad Disney Springs.

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source http://www.orlandoflhomesandland.com/walt-disney-world-and-disney-springs/

Polar vortex can’t freeze rates in this week’s Markets in a Minute!

For the Week Ending December 16, 2016 Please enjoy this quick update on what happened this week in the housing and financial markets. As expected, the Fed raised policy rates 0.25% at this month’s FOMC meeting. Bond yields jumped on the news, pressuring mortgage rates higher. The U.S. dollar is at the highest level since 2003, and stocks continue to hit all-time highs. Strong economic activity contributes to mortgage rates increasing. The Fed is expected to continue to raise policy rates in 2017, possibly up to three times. Rising inflation and a tightening job market support this speculation. Rising mortgage rates aren’t dampening builders’ enthusiasm for the housing market. The NAHB housing market index rose to a 9-year high in December. The HAMP mortgage program expires December 31, 2016. It is being replaced with a new payment reducing Flex Modification foreclosure prevention program. Rising mortgage rates are not curbing demand, as inventory remains stubbornly low. Constrained supply is expected for at least 4 more years, according to NAR.     Polar Vortex – what weather people say when they’ve exhausted every other possible way of saying “it’s freaky cold outside.” Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.   Barry Botwin, Waterstone Mortgage, Senior Mortgage Advisor, NMLS # 216724 (407) 645-6315, bbotwin@waterstonemortgage.com

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source http://www.orlandoflhomesandland.com/polar-vortex-cant-freeze-rates-weeks-markets-minute/

Loan Limit Increases

Beginning in 2017, conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will increase to $424,100 (compared to the current $417,000 limit) in most parts of the nation. High-cost area loan limits will increase to $636,150. This is the first increase to the baseline loan limit since 2006!

These increases are a result of housing appreciation, which is great news for our industry and the purchase market. Additionally, borrowers with loans just above the jumbo limit will have expanded options.

While Fannie and Freddie may adjust the loan limits effective as of January 1, 2017, Waterstone Mortgage will be able to close and fund those transactions as early as December 10, 2016. Waterstone Mortgages’ position as a direct lender to both Fannie and Freddie will ensure we can offer expanded loan limits to more borrowers.

Please contact me to learn more, or if there is anything I can assist you or your clients with.

Looking forward to closing out 2016 strong, and a successful 2017!

Barry Botwin, Waterstone Mortgage, Senior Mortgage Advisor, NMLS # 216724 

(407) 645-6315
bbotwin@waterstonemortgage.com

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source http://www.orlandoflhomesandland.com/loan-limit-increases/